Welcome to our dedicated page for Oddity Tech Ltd. news (Ticker: ODD), a resource for investors and traders seeking the latest updates and insights on Oddity Tech Ltd. stock.
Oddity Tech Ltd (NASDAQ: ODD) delivers AI-powered innovation in beauty and wellness through its digital-first platform. This hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and technological advancements.
Access real-time press releases covering earnings announcements, product launches, strategic partnerships, and executive leadership updates. Our curated collection ensures you stay informed about ODD's market-moving initiatives in consumer tech and data-driven beauty solutions.
Discover updates on SpoiledChild skincare innovations, IL MAKIAGE product expansions, and breakthroughs from ODD's biotechnology labs. All content is verified for accuracy and presented in chronological order for efficient research.
Bookmark this page for ongoing insights into how Oddity Tech continues reshaping global beauty markets through its unique blend of artificial intelligence, direct-to-consumer strategies, and scientific research.
ODDITY Tech (NASDAQ: ODD) has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close. The company will host a conference call on April 30, 2025, at 8:30 a.m. Eastern Time to discuss the results.
Investors can join the earnings call via phone by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international). A webcast will be available on the Investors section of ODDITY's website. For those unable to attend live, a replay will be accessible using the access code 13753125 by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international). The webcast recording will remain available on ODDITY's investor website for seven days post-call.
ODDITY Tech (NASDAQ: ODD) reported strong financial results for Q4 and full year 2024. Full-year highlights include:
- Net revenue of $647 million (+27% YoY)
- Adjusted EBITDA of $150 million (+40% YoY)
- Net income of $101 million
- Free cash flow of $134 million
Q4 2024 performance showed:
- Net revenue of $124 million (+27% YoY)
- Gross margin of 72.7% (+330 bps YoY)
- Net income of $5.3 million
The company maintains a strong balance sheet with $169 million in cash and zero debt. ODDITY completed share buybacks worth $147 million in 2024, with $103 million remaining in the authorization. For 2025, ODDITY projects net revenue between $776-785 million and adjusted EBITDA of $155-158 million.
ODDITY Tech (NASDAQ: ODD) has scheduled the release of its fourth quarter and full year 2024 financial results for February 25, 2025, after market close. The company will host a conference call to discuss the results on February 26, 2025, at 8:30 a.m. Eastern Time.
Investors can participate in the conference call by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international). A webcast will be available on ODDITY's investor relations website. For those unable to attend, a replay will be accessible via phone using access code 13751209 or through the company's website for seven days following the call.
ODDITY Tech (NASDAQ: ODD) has secured new credit facilities totaling $200 million with a syndicate of banks, doubling its previous $100 million facility. The company maintains a strong financial position with over $165 million in cash, cash equivalents, and investments as of December 31, 2024, with zero funds drawn from the new facility.
The enhanced credit facility will provide increased financial flexibility for various corporate initiatives, including growth initiatives, acquisitions, share buybacks, and general corporate needs. ODDITY operates as a consumer tech company that develops digital-first brands in the beauty and wellness industries, serving approximately 50 million users through its AI-driven online platform. The company owns IL MAKIAGE and SpoiledChild brands, with operations spanning New York City, Tel Aviv, and Boston.
ODDITY Tech (NASDAQ: ODD) announced the acquisition of Fionic1's tech intellectual property and AI research team. Fionic1, a fintech company known for advanced AI modeling capabilities, will integrate its specialized algorithms into ODDITY’s operations. The acquisition includes Asaf Nurick, Fionic’s co-founder and former CTO, along with core AI R&D team members. This move aims to enhance ODDITY's AI models, particularly in direct-to-consumer applications.
ODDITY’s CEO Oran Holtzman emphasized the strategic importance of this acquisition for expanding their AI capabilities, aiming to deliver superior consumer products and experiences. Asaf Nurick expressed enthusiasm about leveraging ODDITY’s platform to advance predictive technology. The transaction is not expected to significantly affect ODDITY’s financial position, liquidity, or 2025 earnings outlook.
ODDITY Tech (NASDAQ: ODD) has agreed to repurchase approximately 2.35 million Class A Ordinary Shares from L Catterton for $100 million at $42.501 per share. The transaction will be funded from existing cash resources and is separate from the company's ongoing $150 million share buyback plan announced in June 2024. Post-transaction, L Catterton will retain approximately 4 million shares (7% ownership). Year-to-date, ODDITY will have repurchased $147 million in shares. The company reports strong financials with $248 million in cash and equivalents, an undrawn $100 million credit facility, no debt, and $127 million in free cash flow for the 12 months ending September 2024.
Oddity Tech reported strong Q3 2024 results with record net revenue of $119 million, up 26% year-over-year. The company achieved record Q3 adjusted EBITDA of $25 million and net income of $18 million, up 362% year-over-year. Nine-month performance showed net revenue of $523 million, up 27% year-over-year, with adjusted EBITDA of $135 million. The company raised its full-year 2024 outlook, projecting net revenue between $642-644 million and adjusted EBITDA between $147-149 million. With zero debt and $248 million in cash and equivalents, Oddity maintains a strong financial position.
ODDITY Tech (NASDAQ: ODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild, has announced it will release its third quarter 2024 financial results after market close on November 6, 2024. This will be followed by a conference call on November 7, 2024, at 8:30 a.m. Eastern Time.
To participate in the conference call, dial 1-800-717-1738 (US) or 1-646-307-1865 (international) with access code 24334. A webcast will be available on ODDITY's investor website. For those unable to attend, a recording will be accessible by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international) with access code 1124334. The webcast archive will remain available on ODDITY's investor website for seven days post-call.
ODDITY Tech (NASDAQ: ODD) reported record Q2 2024 results, surpassing guidance across all metrics. Net revenue reached $193 million, up 27% year-over-year, while adjusted EBITDA hit $62 million, a 49% increase. Net income grew 52% to $45 million, with adjusted net income up 58% to $51 million. The company generated $104 million in free cash flow for H1 2024.
ODDITY raised its full-year 2024 outlook, projecting net revenue between $633-640 million (24-26% YoY growth) and adjusted EBITDA of $142-146 million. The company announced Ido Bachelet as Chief Science Officer to lead ODDITY LABS in Boston. With a strong balance sheet including $268 million in cash and zero debt, ODDITY has begun share buybacks, repurchasing 250,000 shares for $10 million.
ODDITY Tech (NASDAQ: ODD), the consumer tech platform behind IL MAKIAGE and SpoiledChild, has announced it will release its second quarter 2024 financial results on August 7, 2024, after market close. This will be followed by a conference call on August 8, 2024, at 8:30 a.m. Eastern Time.
Investors can participate in the conference call by dialing 1-800-343-5172 (US) or 1-203-518-9856 (international) with the access code ODDITY. A webcast will be available on ODDITY's investor relations website. For those unable to attend, a replay will be accessible by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international) with the access code 11156442.
